Seller's Agent in 2018
Bonnie Wells
Coastal Living Real Estate Group
(201) 280-2300
51 in this area
58 Total Sales
4800 Bay Terrace Long Beach Township, NJ 08008
Long Beach Island NeighborhoodEstimated Value: $2,655,375 - $3,023,000
5
Beds
3
Baths
2,521
Sq Ft
$1,113/Sq Ft
Est. Value
Highlights
- 66 Feet of Waterfront
- Main Floor Bedroom
- Breakfast Area or Nook
- Open Floorplan
- No HOA
- Patio
About This Home
As of November 2018One of LBI?s most sought after bay front estates is now on the market. See how many boats & water toys you can dock along the new 450' pier. The ultimate show piece that is the Fabulous Entertainment platform, about 100? off the coast, elevated over the bay. Located in Holgate, this one-of-a-kind waterfront property offers 5 brs & 4 bths.This architectural gem was designed by Studio Tagland to seamlessly integrate the indoors w/the outdoors. A view-filled window wall is the focus of the open-concept living, dining & kitchen. Granite counters over custom cabinetry house the new appliances.The sun room is refreshingly bright w/angled windows to capture sweeping views of the water, then leads to the family room w/full bth.Placed apart from the living quarters, an east hall w/new guest bth leads to the MSuite w/walk-in, 3 luxe brs, & 2 full bth. The circular architectural detail of the NW room is a statement piece & leads to a private roof top deck...,another spectacular entertainment area designed for a hot tub.Stretching across the waterfront, the fabulous resort-style outdoor entertainment space is highlighted by the canopied cabana. The full service platform offers a tiki bar, with grill, refrigerator, tv, hammock, and more. Continue down the 450 ft pier to an abundance of dockage, enough to birth a 65 foot yacht and multiple vessels. The north side includes 15 and 20,000 pound boat lifts + a floating dock. The west pier greets you with seating, where you can view from the causeway to Atlantic City. If that?s not enough, the hydraulically vented dock is equipped with solar lighting, a power station, fish cleaning sink and water service. The grandfathered 550 ft riparian grant has created a dream estate for any yachter, boater, & someone who loves to entertain on a sizable scale.
Last Agent to Sell the Property
(201) 280-2300 bonnie@CoastalLiving.pro Coastal Living Real Estate Group License #9231521 Listed on: 06/23/2018
Last Buyer's Agent
(732) 887-4853 kpileggi@vandykgroup.com The Van Dyk Group - Long Beach Island License #786696
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $13,315
Year Built
- Built in 1996
Lot Details
- Lot Dimensions are 65x110
- 66 Feet of Waterfront
- Property Fronts a Bay or Harbor
- Partially Fenced Property
Parking
- 2 Car Garage
Home Design
- Semi-Detached or Twin Home
- Shingle Roof
- Piling Construction
Interior Spaces
- 2,521 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Ceiling Fan
- Awning
- Window Treatments
- Water Views
Kitchen
- Breakfast Area or Nook
- Stove
- Built-In Microwave
- Dishwasher
Flooring
- Wall to Wall Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Water Access
- Riparian Grant
- Bulkhead
- Patio
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Holgate Subdivision
Listing and Financial Details
- Tax Lot 1.03
- Assessor Parcel Number 18-00001-30-00001-03
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2018
Closed on
Nov 4, 2018
Sold by
Melton John F and Melton Nadine K
Bought by
Bloomstein Larry
Seller's Agent
Bonnie Wells
Coastal Living Real Estate Group
Buyer's Agent
Kim Pileggi
The Van Dyk Group - Long Beach Island
List Price
$1,995,000
Sold Price
$1,885,000
Premium/Discount to List
-$110,000
-5.51%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,094
Avg. Annual Appreciation
6.34%
Original Mortgage
$1,050,000
Interest Rate
4.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 1997
Sold by
Maiorano John
Bought by
Melton John F and Melton Nadine K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.38%
Purchase Details
Closed on
Oct 14, 1994
Sold by
Masone Steve
Bought by
Maiorano John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
8.65%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bloomstein Larry | $1,885,000 | Southern Shores Title Agency | |
| Melton John F | $470,000 | -- | |
| Maiorano John | $450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bloomstein Larry | $1,050,000 | |
| Previous Owner | Melton John F | $300,000 | |
| Previous Owner | Maiorano John | $375,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2018 11/14/18 | Sold | $1,885,000 | -5.5% | $748 / Sq Ft |
| 09/13/2018 09/13/18 | Pending | -- | -- | -- |
| 06/23/2018 06/23/18 | For Sale | $1,995,000 | -- | $791 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,043 | $1,796,500 | $1,078,900 | $717,600 |
| 2024 | $15,935 | $1,796,500 | $1,078,900 | $717,600 |
| 2023 | $14,947 | $1,796,500 | $1,078,900 | $717,600 |
| 2022 | $14,947 | $1,796,500 | $1,078,900 | $717,600 |
| 2021 | $14,480 | $1,796,500 | $1,078,900 | $717,600 |
| 2020 | $13,660 | $1,374,200 | $878,900 | $495,300 |
| 2019 | $13,783 | $1,374,200 | $878,900 | $495,300 |
| 2018 | $13,247 | $1,361,500 | $878,900 | $482,600 |
| 2017 | $13,315 | $1,361,500 | $878,900 | $482,600 |
| 2016 | $13,424 | $1,361,500 | $878,900 | $482,600 |
| 2015 | $13,411 | $1,361,500 | $878,900 | $482,600 |
| 2014 | $12,157 | $1,265,000 | $878,900 | $386,100 |
Source: Public Records
Agents Affiliated with this Home
-
Bonnie Wells
-
Kim Pileggi
Buyer's Agent in 2018
Kim Pileggi
The Van Dyk Group - Long Beach Island
(732) 887-4853
28 in this area
38 Total Sales
Map
Source: Bright MLS
MLS Number: NJOC152144
APN: 18-00001-30-00001-03
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